2790 H RdGrand Junction, CO 81506

This Grand Junction, CO industrial property offers a compelling investment opportunity. The 66,348 square foot, single-tenant manufacturing facility is net-leased to a credit-rated aerospace manufacturer, Jabil Defense and Aerospace, under a lease expiring March 31, 2027, with a remaining term of approximately 2.4 years. The property boasts a 5.79% cap rate and a pro-forma cap rate of 5.96%, with a current NOI of $519,985 and a pro-forma NOI of $535,585. The lease includes a 3% annual base rent increase. The building, constructed in 1995, sits on a 10.02-acre lot, offering significant potential for expansion. Features include 12-foot ceilings, one loading dock with one dock-high door, and 90 parking spaces. The property is zoned I-OR and is conveniently located adjacent to the Grand Junction Regional Airport (GJT). The asking price is $8,985,000, translating to $135.42 per square foot. The landlord is responsible for roof/structural and extraordinary replacements. This is a stabilized, single-tenant, net lease investment with a strong tenant and significant upside potential.